A new partnership between Zepz and TRM Labs is aiming to accelerate the global growth of stablecoin-based remittance services, particularly for migrant communities facing currency or banking challenges. This collaboration centers on the expansion of the Sendwave Wallet, built on the Solana blockchain, and focuses on strengthening risk management and regulatory compliance for cross-border payments using digital assets.
Sendwave Wallet Serves Migrant Workers Across 130+ Countries
Zepz is a payments company best known for operating WorldRemit and Sendwave, two platforms that facilitate international money transfers for millions, especially migrant workers sending funds home to family members. In 2025 alone, Zepz processed over $17 billion in remittance payments, serving customers in more than 130 countries.
The Sendwave Wallet launched in October 2025 and is built on Solana, chosen for its scalability and low transaction costs. The platform allows users to send and store the stablecoin USDC in over 100 countries, catering to those in regions with volatile currencies or limited access to banking.
Stablecoin Flexibility And Market Control For Users
A central feature of Sendwave Wallet is the choice for customers to hold USDC rather than immediately converting to local currency. This allows users to decide when to cash out, potentially protecting value in areas with rapid exchange rate swings and giving greater financial autonomy compared to traditional money transfer systems.
Sendwave Wallet provides near-instant transactions at low cost, addressing both speed and affordability concerns that have long hampered remittance channels. Zepz is positioning this offering as a solution tailored to the needs of the migrant workforce, who often rely on fast, reliable, and accessible payment services.
TRM Labs, a provider of blockchain intelligence, noted in public channels that stablecoins are changing the landscape of remittances by expanding access to flexible, rapid cross-border payments via Sendwave Wallet. The company emphasized the platform’s focus on migrant communities and affirmed its own role in supporting compliance and risk management as Sendwave expands.
TRM Labs described the collaboration as a step toward safer, more flexible remittance services. The firm highlighted the use of its blockchain analytics to support risk management, and stated the partnership will help ensure regulatory standards are met as Zepz reaches new territories.
Building Compliance Into Digital Payment Infrastructure
Based in the United States, TRM Labs specializes in blockchain analytics and risk intelligence for digital assets, helping clients in both the public and private sectors identify illicit activity and maintain compliance. Since April 2025, TRM Labs has played a key role in forming stablecoin compliance systems for Zepz, including addressing anti-money laundering requirements, sanctions risk, and ongoing transaction monitoring.
Integrating TRM’s tools from an early stage has allowed Zepz to lay a foundation for regulatory alignment and safer market expansion. Global regulatory interest in digital asset-based payment services is rising, driving demand for robust controls and monitoring solutions built into wallet platforms.
Will Bell, Business Lead at TRM Labs, stated that the platform helps organizations track on-chain transactions in real time and manage overall risk. He emphasized the intent to scale digital asset products in a way that meets regulatory benchmarks.
Zaheer Jassat, Vice President of Product at Zepz, said the partnership boosts customer trust by enabling more secure ways to send, store, and use stablecoins internationally. He underlined that combining payment innovation with strict operational safeguards is essential for responsibly serving cross-border communities.
